After reviewing several blog’s to decide which one to comment and critique on, I selected on Lauren’s Obama's Federal Student Loan Reform. This topic interested me the most due to the fact that I am a student who once I graduate will be paying back student loans.
This blog gave a very detailed explanation of Obama’s Federal Student Loan Reform program. Lauren gave exact details of what this plan proposed and explained the repayment plan easily for the reader to understand. The specifics she included on her blog delved into repayments, benefits, percentage of savings for an ex-student, consolidation and the time when the loan is dissolved. Lauren made a comment of how this program is not coming a minute too soon and backed up her statement by all the benefits she included in her blog.
I personally did hear about Obama’s plan but I as a reader learned more specifics of the plan by reading this blog. Lauren did a good job in making the reader enthralled at learning all major issues of this plan. The comparison between federal loans and private loans and how Obama’s plan would only pertain to federal loans. Lauren let the reader know that private loans are the ones that have higher interest rates, higher payments and less payment plans. The comparison really explains to the reader that this Obama’s plan might not be as good as it sounds. The figures how many students would be affected and percentage of savings is really appreciated to really show how many Americans this truly affects. This blog put in the forefront the true of Obama’s new plan as only treating the symptoms and not the real issue. I agree with Lauren that the true problem lies with tuition cost. This blog put the real issues in front of the readers eye’s and after reading it made you realize that Obama’s plan is not as exciting as it first sounded.
I enjoyed reading this blog. Student loans is one of the high problems for Americans especially how the economy is right now. This is a hot topic where even if Obama’s plan goes into affect, It will help a little. There needs to be something done with the high cost of tuition and a regulation on fees. It is crucial to obtain a college degree to find a good paying job but what good is that if you are paying high monthly payments each month to re-pay you student loans. I really liked how Lauren did the comparison between benefits and a broken down reality of what the programs truly means to us. It makes you think twice and she brought all points across and answered all my questions on her blog.
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